ASPEN DENTAL

ASPEN DENTAL & MATTRESS FIRM

CORPORATE LEASES ACROSS FROM PREMIER LIFESTYLE CENTER

ESTERO, FL

Overview

This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

ASPEN DENTAL & MATTRESS FIRM

22911 LYDEN DRIVE, SUITES A-B, ESTERO FL 33928

$4,137,000

PRICE

LEASABLE SF

8,200 SF

LAND AREA

1.00 AC

7.00%

CAP

LEASE TYPE

NN

YEAR BUILT

2014

PARKING

46 SPACES

Corporate leases with minimal Landlord responsibility

Across the street from 1.3 million square foot Coconut Point outdoor mall (140+ stores and a 16-screen movie theater)

Located on highly trafficked Route 41, the major north south corridor between Tampa, Fort Myers, and Naples (48,000+ VPD)

Both tenants are responsible for their pro rata share of taxes, insurance, and common area maintenance

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Investment Highlights

THE OFFERING provides an opportunity to acquire a two-tenant strip center located in Estero, FL. The property is strategically located directly across the street from the 1.3 million square foot Coconut Point outdoor regional mall, which features over 140 stores and acts as a major draw to the area. Both Aspen Dental and Mattress Firm are on corporate leases, with their initial terms running through October 2025 and November 2024, respectively. The landlord has minimal expense obligations with both tenants responsible for their pro rata share of taxes, insurance and all common area and non-structural repairs.

THE RETAIL MARKET - The subject property is positioned just off of S Tamiami Trail, a busy north-south thoroughfare that has daily traffic counts of approximately 48,500 VPD. The Estero location is within an extremely affluent community, with an average household income of over $105,000 within a 3-mile radius, which is well above the national average. Coconut Point, the picturesque outdoor mall with over 140 stores and restaurants, is part of the overall 500-acre master planned community. Surrounding retailers include Apple, Target, Best Buy, Ross, Dillard's, and a 16-screen Regal Cinema.

TWO CORPORATE TENANTS WITHIN ESTERO'S PRIMARY RETAIL NODE

Contact the team

CHRIS KOSTANECKI

ck@

PH: 415.274.2701 CA DRE# 01002010

JOHN ANDREINI

jandreini@

PH: 415.274.2715 CA DRE# 04440360

ZEB RIPPLE

zripple@

PH: 415.274.2702 CA DRE# 01242540

JACK NAVARRA

jnavarra@

PH: 415.274.2705 CA DRE# 01909630

IN CONJUNCTION WITH FL LICENSED BROKER:

Andrew T. Knight New England Commercial Brokerage PH: 860.648.1600

This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

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Aerial

Via Coconut Point

COCONUT POINT SHOPPING CENTER

MIAMI

143 MILES

41 S Tamiami Trail

48,500 DAILY

41 S Tamiami Trail

Commercial Land

Assisted Living

This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

Lyden Drive

Proposed 631 Unit Apartment Complex

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Submarket Overview

RETAILERS IN CLOSE PROXIMITY INCLUDE:

Target Regal Cinemas Ulta Beauty Five Below T.J. Maxx Hyatt Place Coconut Point Apple Best Buy

Dillard's Party City Barnes & Noble DSW Designer Ross Dress for Less PetSmart Office Depot Pollo Tropical

Olive Garden West Elm Ruth's Chris Steakhouse Victoria Secret Starbucks T Mobile TGI Fridays Michaels

This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

KEY 1-MILE 3-MILES 5-MILES

BUSINESS SUMMARY

TOTAL Businesses

1-MILE 309

3-MILES 1,345

5-MILES 2,903

Employees

Residential Population

4,081 4,992

14,244 28,466

39,917 82,342

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